Fire Sprinkler Systems Company Liquidation - Retirement Auction

Auction Terms:



Please read the terms carefully as they are a legal binding contract between you and Pearce & Associates Auctioneers.



All disputes will be settled in Shelby County, Alabama.



We encourage you to inspect the items in person.

If purchases are not settled within 3 business days of the close of the auction,

it is in default. Upon default the bidder will be black listed on Pearce &

Associates Auctioneers auctions as well as MarkNet auctions and

will be charged for the merchandise. Defaulted items will be forfeited back to

the owner or Pearce & Associates.



No refunds will be given.



Please check back and review these terms as every time you use this site you are agreeing to the terms as they are written at that time.



Pearce & Associates Auctioneers reserves the right to cancel any auction at any time for any reason.



There will be a 15% buyer�s premium added to final bid price.

Sales tax collected unless you provide Pearce with a copy of your tax resale certificate.



Bidding info- When you bid your max the current bid price doesn't automatically go to

your max bid. Someone else has to bid to increase the current price and the

computer will automatically bid up to your max in the increments specified.



This auction has what is called an auto extend feature, meaning the auction will not close until all bidding parties are satisfied. If any bids are placed within the last 5 minutes of the auction, the bid on lot(s) will extend for 5 minutes. The bidding will extend

in 5 minute increments from the time the last bid is placed until there are

no more bids, and the lot sits idle for 5 minutes.



Pearce & Associates Auctioneers have put forth every effort to make accurate

description of the items. Printed or verbal statements made by staff are

matters of opinion and are made in good faith. However, all items are sold As

Is Where IS. You are responsible for your own inspection during inspection

periods.



No allowance will be made for errors in cataloging, genuineness, defects, or imperfections not noted.



All sales are final! A bid is a legal binding contract

between you and Pearce & Associates Auctioneers.



Pearce & Associates reserve the right to reject any and all bids for any reason.



All accounts must be settled for at the end of the auction. Payment must be made with

cash, a cashier�s check, money order, bank wire, credit card or checks with a bank

letter of guarantee unless approved by the auction company. Final purchase price will

include sales tax & buyer�s premium. Sales tax will be collected unless you are tax

exempt and can provide us with a copy of your tax exemption certificate. Non Alabama

residents are exempt from paying sales tax on vehicles. If payment is not received

within 3 days accounts due will be charged to your credit card.



Bidder responsibilities include, but are not limited to:



Bidders agree to keep their username and password confidential as they are responsible for ANY and ALL activity involving their account.



When using the web site you must obey any and all local state and federal laws. Violations will result in termination of web site use privileges. We gather aggregate information from this web site which may include but is not limited to: number of page visitors,

most visited pages, any and all correspondence.